Is Mount Vernon Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mount Vernon Township has remained a Seller's Market.
Housing Prices in Mount Vernon Township, MO
How much do homes in Mount Vernon Township, MO cost?
Median Sold Price
$220,550
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mount Vernon Township was $220,550 in May 2024, up 6.3% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $77.5K | N/A |
2 Bedrooms | $128.5K | $127.7K | -0.6% |
3 Bedrooms | $202.5K | $226.5K | +11.9% |
4 Bedrooms | $282.4K | $225.6K | -20.1% |
5+ Bedrooms | $410.2K | $330.5K | -19.4% |
Summary: Mount Vernon Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 20.1%, and 5+ bedroom homes decreased by 19.4%.
Median Sold Price Compared To Nearby Cities
Mount Vernon | $205K | $219.1K | +6.9% |
Mount Vernon Township | $207.5K | $220.5K | +6.3% |
Housing Supply in Mount Vernon Township, MO
How many homes are available in Mount Vernon Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 44 | -12.0% |
Summary: The Mount Vernon Township real estate market had 44 homes for sale in May 2024, a 12.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 27 | 24 | -11.1% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Mount Vernon Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 12 | -14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Mount Vernon Township in May 2024, down by 14.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Mount Vernon Township, MO
How long does it take to sell a home in Mount Vernon Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 49 Days | +260.6% |
Summary: Homes in Mount Vernon Township had an average of 49 days on market in May 2024, up by 260.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Mount Vernon Township; 42% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.